Traders bought shares of MasterCard Inc. (NYSE:MA) on weakness during trading hours on Wednesday. $110.50 million flowed into the stock on the tick-up and $53.65 million flowed out of the stock on the tick-down, for a money net flow of $56.85 million into the stock. Of all stocks tracked, MasterCard had the 4th highest net in-flow for the day. MasterCard traded down ($0.03) for the day and closed at $95.59

Several brokerages have recently weighed in on MA. Jefferies Group restated a “buy” rating on shares of MasterCard in a report on Tuesday, July 5th. Sanford C. Bernstein restated an “outperform” rating and set a $110.00 target price on shares of MasterCard in a report on Saturday, July 2nd. Robert W. Baird restated an “outperform” rating and set a $115.00 target price on shares of MasterCard in a report on Monday, July 25th. Zacks Investment Research upgraded MasterCard from a “hold” rating to a “buy” rating and set a $109.00 target price on the stock in a report on Wednesday, April 27th. Finally, Barclays PLC lowered their target price on MasterCard from $105.00 to $103.00 and set an “overweight” rating on the stock in a report on Thursday, July 7th. Six investment analysts have rated the stock with a hold rating and twenty-three have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $108.28.

The company’s 50 day moving average price is $93.00 and its 200 day moving average price is $92.71. The firm has a market capitalization of $104.93 billion and a price-to-earnings ratio of 28.04.

MasterCard (NYSE:MA) last issued its earnings results on Thursday, July 28th. The company reported $0.96 EPS for the quarter, beating the Zacks’ consensus estimate of $0.90 by $0.06. The business earned $2.70 billion during the quarter, compared to analysts’ expectations of $2.59 billion. The business’s revenue was up 12.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.85 EPS. Equities analysts anticipate that MasterCard Inc. will post $3.62 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, August 9th. Stockholders of record on Friday, July 8th were paid a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date was Wednesday, July 6th.

In related news, major shareholder Foundation Mastercard sold 84,000 shares of MasterCard stock in a transaction on Monday, July 18th. The shares were sold at an average price of $91.17, for a total transaction of $7,658,280.00. Following the sale, the insider now owns 115,148,971 shares of the company’s stock, valued at approximately $10,498,131,686.07. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Martina Hundmejean sold 94,345 shares of MasterCard stock in a transaction on Monday, August 8th. The stock was sold at an average price of $96.82, for a total transaction of $9,134,482.90. Following the sale, the chief financial officer now directly owns 214,968 shares in the company, valued at approximately $20,813,201.76. The disclosure for this sale can be found here.

A number of large investors have recently added to or reduced their stakes in the company. Schroder Investment Management Group increased its stake in MasterCard by 15.3% in the fourth quarter. Schroder Investment Management Group now owns 1,680,262 shares of the company’s stock valued at $163,591,000 after buying an additional 222,824 shares during the period. Dimensional Fund Advisors LP increased its stake in MasterCard by 8.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,999,475 shares of the company’s stock valued at $194,690,000 after buying an additional 148,682 shares during the period. BlackRock Investment Management LLC increased its stake in MasterCard by 3.3% in the fourth quarter. BlackRock Investment Management LLC now owns 4,360,447 shares of the company’s stock valued at $424,533,000 after buying an additional 139,832 shares during the period. Marshall Wace LLP increased its stake in MasterCard by 25.6% in the fourth quarter. Marshall Wace LLP now owns 508,357 shares of the company’s stock valued at $49,493,000 after buying an additional 103,467 shares during the period. Finally, Schwab Charles Investment Management Inc. increased its stake in MasterCard by 3.4% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 2,564,811 shares of the company’s stock valued at $249,710,000 after buying an additional 84,959 shares during the period.

MasterCard Incorporated is a technology company that connects consumers, financial institutions, merchants, governments and businesses across the world. The Company operates through payment solutions segment. The Company allows user to make payments by a range of payment solutions and services using various brands, which include MasterCard, Maestro and Cirrus.

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